The following table reconciles net income, the most comparable GAAP financial measure, to Adjusted EBITDA.

EVI Industries, Inc.

Condensed Consolidated Earnings before Interest, Taxes, Depreciation, Amortization, and Amortization of Stock-based Compensation (in thousands)

 

 

 

 

 

 

 

 

 

 

Unaudited

 

 

Unaudited

 

 

 

12-Months

 

 

12-Months

 

 

3-Months

 

 

3-Months

 

 

 

Ended

 

 

Ended

 

 

Ended

 

 

Ended

 

 

 

6/30/2026

 

 

6/30/2025

 

 

6/30/2026

 

 

6/30/2025

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income

 

$

7,718

 

 

$

7,498

 

 

$

2,748

 

 

$

2,097

 

Provision for income taxes

 

 

4,057

 

 

 

3,527

 

 

 

1,915

 

 

 

991

 

Interest expense, net

 

 

3,937

 

 

 

2,743

 

 

 

979

 

 

 

1,026

 

Depreciation and amortization

 

 

8,109

 

 

 

6,692

 

 

 

2,119

 

 

 

1,958

 

Amortization of stock-based compensation

 

 

5,298

 

 

 

4,558

 

 

 

1,335

 

 

 

1,130

 

Adjusted EBITDA

 

$

29,119

 

 

$

25,018

 

 

$

9,096

 

 

$

7,202